1505 Santa Fe Trail, Trinidad, CO 81082
Las Animas County
Key Facts
Description
Prime commercial investment opportunity in Trinidad featuring a former recreational marijuana dispensary, 10 storage units, and approximately 12 commercial lots with exceptional redevelopment and income potential. High visibility location with flexible commercial zoning offering opportunities for a variety of business, investment, storage, warehouse, retail, service, or redevelopment uses, subject to buyer verification with local governing authorities. The main commercial building previously operated as a dispensary and offers reception space, office area, and large open commercial space adaptable for multiple business types. Property includes approximately six 10x23 storage units and four 10x6 storage units with concrete floors and metal walls, providing immediate income-producing potential. Existing improvements may accommodate flex commercial space, inventory storage, workshop space, contractor use, or future redevelopment opportunities. Large commercial footprint with room for expansion, additional storage units, parking, fenced yard space, or future development. Approximately 12 commercial lots include city water taps in place and city sewer access, adding significant value and development potential. Small residence on site may provide storage, office conversion potential, or redevelopment opportunity. Convenient access near downtown Trinidad, I-25, and established commercial corridors. Buyer to verify zoning, permitted uses, utility availability, square footage.
Property Information
Property Type
Commercial Sale
Year Built
1981
Stories
1
Living Area
3,120 sq ft
Lot Size
0.72 acres
Lot Dimensions
125 x 250
Ownership
Seller
Zoning
COM
Days on Market
1
MLS® Listing#
239836
Property Features
Cooling
Heating
Parking
Lot Features
Roof
Security
Sewer
Water Source
Schools
- District:
- Trinidad
Financial Details
HOA
None
Parcel Number
12486500
Directions
Traveling north on Santa Fe Trail, across the street from Hop's & Vines Liquor Store
Affordability Calculator
$89,800
Estimated monthly payment
$2,390/mo
Principal $359,200 · Est. interest $501,116 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Trinidad, CO
- $309,000
- Median Listing Price
- 112
- Median Days on Market
- 1,760
- Median Sq Ft
- $152
- Median Price / Sq Ft
- 187
- Active Listings
- This home’s price is 45% above the area median.
- Its price per sq ft is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Trinidad, CO.
Location
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Points of Interest in Trinidad, CO
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 315 S Oak St, Trinidad, CO | $315,000 | 3 | 2 | 2,298 |
| 328 Camillus Ave, Trinidad, CO | $326,000 | 3 | 2 | 1,344 |
| 334 Camillus Ave, Trinidad, CO | $326,000 | 3 | 2 | 1,344 |
| 321 Camillus Ave, Trinidad, CO | $326,000 | 3 | 2 | 1,350 |
| 317 Camillus Ave, Trinidad, CO | $326,000 | 3 | 2 | 1,296 |
| 325 Camillus Ave, Trinidad, CO | $326,000 | 3 | 2 | 1,296 |
Moving Cost Estimate
EXIT Agents in Trinidad
Listing Courtesy: Code of the West Real Estate LLC - 7197423626
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.